Rikvin Provides Singapore Nominee Shareholder Services 

A Company that have a complete benefits that help foreign and local entrepreneurs setting their own business in Singapore.

by Gerry Oslac Tuesday, January 18, 2011
Singapore projects a growth in GDP from 4 to 6% for 2011 and that although many say it is conservative, it is actually above the medium term growth potential of 3 to 5% per annum.

With the economy at full employment, the concentration shall be on raising the productivity of the labor force and increasing the economic competitiveness over the medium term.

Supporting the economic productivity are activities initiated by the National Continuing Education Council [NCEC] such as the SME-Productivity Roadmap to help small and medium enterprises determine their weakness and employ appropriate training courses to increase their productivity.

Even medium business organizations can adopt the private limited structure. Among businessmen, they favor a company that can bestow protection from financial liability.

“The authorities recognize that a private limited company, constituted by at least a shareholder, resident director, and company secretary, is an independent legal entity capable of participating in legal activities and defending its shareholders and directors from unwarranted accountability,” illuminates Say Hun, explaining in addition that each individual constituting the company has to meet eligibility requirements.

Singapore remains to be the least corrupt states and having the least red-tape bureaucracy in the world. Nonetheless, the city-state values investors, particularly foreign nationals and has since formulated policies to attract them.

A Singapore nominee shareholder, for example, is designed to allow foreigners maintain anonymity. The Companies Act of Singapore prescribes that the personal information of all shareholders, directors, and company secretary are indicated on the company’s Memorandum and Articles of Association.

The nominee shareholder is among the nominee services granted by Rikvin.

“By signing an agreement, a nominee shareholder shall hold shares in trust in behalf of the shareholder in incognito,” says Say Hun in clarification. She further implies that it is “the complete name of the nominee shareholder that appears on the MAA.”

Shareholders can be natural persons or corporate entities. Regardless, many investors wish for privacy and that is made possible by employing a nominee shareholder.

“Of course, the service is revocable at any time and the shares held shall be transferred to another party as per request of the real shareholder,” utters Say Hun in conclusion.

Completing the nominee services of Rikvin are nominee director and nominee agent. As a business solution provider, Rikvin provides company incorporation, processing of labor pass application, accounting and payroll management services.

About the Publisher:
Rikvin provides corporate solutions to investors and entrepreneurs in the local and abroad. Among its specializations are Singapore company registration, Singapore company setup and providing professional services relating to finances and administrative. Rikvin specializes in processing working visas and providing services such as nominee director, nominee shareholder, nominee agents, accounting, payroll, and secretarial.

Since 1995, Rikvin serves hundreds of companies managing and rendering Singapore accounting service using sophisticated payroll software system to handle even the most complicated payroll account. In its payroll services, Rikvin assures its clients of confidence in dealing with every transaction. Its accountants maintain competence. Above all, Rikvin’s principles adhere to the laws and share the same vision such as the inevitability of innovation. Rikvin has successfully helped foreign and local entrepreneurs form a Singapore company.

Our phones are answered during business hours by specialists and not by an answering machine. We appreciate the value of your time and understand that a person cannot be replaced by technology. This is especially true when it comes to making important business decisions.

For more information, visit:
Rikvin PTE LTD
20 Cecil Street, #14-01, Equity Plaza, Singapore 049705
Main Lines : (65) 6438 8887
Fax : (65) 6438 2436
Email : info@rikvin.com
Website: http://www.rikvin.com/

Rikvin provides Singapore Company Registration service including securing your Singapore Employment Pass and Singapore EntrePass Visa for Singapore Business Migration.

0    submitted by Gerry Oslac
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